Category: Economics

Chicago’s left behind: Part 2, Those who are gone

5 April, 2016 (10:00) | Affordability, Chicago, Cities, Demographics, Economics, Housing, Municipal finance, Speculation, Zoning | No comments

 By: David A. Smith   [Continued from yesterday’s Part 1.]   As we saw in yesterday’s Part 1, effects always have causes, and if we wait to act until they have become evident even to those committed to denying them, it will often be too late to do much more than mitigate the losses.  Such […]

Chicago’s left behind: Part 1, Those who remain

4 April, 2016 (10:00) | Affordability, Chicago, Cities, Demographics, Economics, Housing, Municipal finance, Speculation, Zoning | No comments

By: David A. Smith A city’s slow death is a hideous thing, and to watch this happen to Chicago is by turns heartbreaking and  infuriating: heartbreak for the people whose hopes, prospects, choices – their whole lives – are undermined by their city’s failures, and fury at the ecosystem of (mis)government that allows this to […]

House and country?: Part 9, Moscow on the Thames

16 September, 2015 (10:00) | Apartments, Capital, Countries, Development, Economics, Global news, Historic preservation, Homeownership, Housing, Investment, London, Nations, Putin, Russia, Security, Speculation, Zoning |

[Continued from yesterday’s Part 8 and the preceding Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, and Part 7.] By: David A. Smith I do notice that, when I’ve been away and I come back to London, people look at you. People are ready to pick arguments.  Colin Firth  In London, […]

House and country?: Part 8, Oligarch village

15 September, 2015 (10:00) | Apartments, Capital, Countries, Development, Economics, Global news, Historic preservation, Homeownership, Housing, Investment, London, Nations, Putin, Russia, Security, Speculation, Zoning |

[Continued from yesterday’s Part 7 and the preceding Part 1, Part 2, Part 3, Part 4, Part 5, and Part 6.] By: David A. Smith In London they don’t like you if you’re still alive.  Harvey Fierstein  Climbing out of Part 7 of this post, inspired by a fascinating New Yorker (1 June 2015) article […]

House and country?: Part 7, Paranoia insurance

14 September, 2015 (10:00) | Apartments, Capital, Countries, Development, Economics, Global news, Historic preservation, Homeownership, Housing, Investment, London, Nations, Putin, Russia, Security, Speculation, Zoning |

[Continued from yesterday’s Part 6 and the preceding Part 1, Part 2, Part 3, Part 4, and Part 5.] By: David A. Smith I do not think there is anything deserving the name of society to be found out of London. William Hazlitt I’m in the In crowd … and you’re not Yesterday’s Part 6 […]